Citigroup Global Markets has lowered its rating of JetBlue Airways shares amid concerns the stock is already trading at its fair price. Analysts say the airline has reached its peak but future growth possibilities are limited. Citigroup has therefore lowered its rating on JetBlue shares to “Hold” from “Buy” and raised its share price target to $8 from $7 a share.
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.